IRDAI Fraudulent messages / unsolicited commercial messages


Quick Summary
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a circular regarding fraudulent and unsolicited commercial messages. Insurers are instructed to register their message templates with their telecom service providers. This measure, aligned with TRAI's framework, aims to protect policyholders from fraudsters and ensure legitimate messages are delivered.

Insurance Regulatory and Development Authority of India Circular Ref. No:IRDA/IT/CIR/MISC/063/03/2021 Date:24-03-2021 To, All Insurers Sub: Fraudulent messages / unsolicited commercial messages Reg. Please be aware that spam calls / messages have become a menace and a matter of
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FAQ :

The circular addresses the growing problem of spam calls and messages, including fraudulent and unsolicited commercial communications targeting policyholders.

Insurers are directed to register their message templates with their respective telecom service providers.

Registering message templates helps in identifying messages and voice calls from legitimate insurers, thereby controlling unsolicited and fraudulent communications.

Insurers must complete template registrations and confirm compliance to the IRDAI by email on or before April 5, 2021.

Non-adoption of TRAI's new procedures could lead to the disruption of message delivery to policyholders.

 

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